BLV Stock Tickeron detected bearish ETF Pattern: Broadening Top BLV on October 07, 2024, netting in a 6.01% gain over 1 month

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BLV - Vanguard Long-Term Bond ETF

Ticker: BLV

Company: Vanguard Long-Term Bond ETF

Gain from shortening: +6.01%

Confirmed: 10/07/24

Succeeded: 10/28/24

Total length: 48 days

BLV in downward trend: 10-day moving average moved below 50-day moving average on October 10, 2024

The 10-day moving average for BLV crossed bearishly below the 50-day moving average on October 10, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BLV as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BLV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for BLV entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BLV's RSI Indicator exited the oversold zone, of 42 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for BLV just turned positive on November 05, 2024. Looking at past instances where BLV's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BLV advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .

BLV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.